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Supplier Calls Time on Clinton Cards

Wednesday 9th May, 2012

In another blow to a beleaguered UK high street, Clinton Cards has slipped into administration as its largest supplier has called time on its debt. US supplier American Greetings bought up outstanding loans from the company's banks (RBS and Barclays) and immediately called them in.

BYOD is coming to Hampshire this autumn

Wednesday 9th May, 2012

Bring your own device (BYOD) scheme is due to be rolled out in Hampshire county council by the end of 2012. The Scheme allows employees to use personal devices for business purposes.

The council has already started trialling a programme to give staff access to IT systems from their personal electronic devices. System and data security issues are considered crucial elements to support this scheme. Read More..

Internal Financial Controls Indentify Fraud at the Royal Academy

Thursday 3rd May, 2012

The former Finance Director of the Royal Academy of Music, Janet Whitehouse has admitted to defrauding the institution across a four year period of more than £200,000. The various fraudulent activities included claims for work which hadn't actually been carried out, and for accommodation for her son, paid for by the Academy.

Sainsbury's buyer accepts £5m Corrupt Payments From Supplier

Wednesday 2nd May, 2012

A Sainsbury’s potato buyer accepted £5 million in corrupt payments from a key supplier, staying at Claridge’s and taking luxury holidays in return for a lucrative contract. The buyer was lavished with "excessive gifts and hospitality" by directors of Greenvale, which supplies almost half of the supermarket giant’s potatoes, a court has heard.

A peculiar feature of the corruption was that it was self-funding. Greenvale were not paying for it, Sainsbury's were paying for the corruption of their own buyer and this was achieved by overcharging Sainsbury's. Read more.

Basware Helps Set the Standard in Europe

Wednesday 2nd May, 2012

Further proof came today that the major shift within the e-invoicing market is towards increased legislation and standardisation, with the announcement that Basware has built PEPPOL (Pan-European Public Procurement Online) compliant procedures and protocols into all of its e-invoicing solutions. With some European countries edging towards the use of mandating einvoicing, this looks like a sensible move for Basware. In fact the company's implementation of PEPPOL comes just three months before the Norwegian Government will mandate contracting authorities, requesting that all suppliers must invoice them electronically with the use of PEPPOL infrastructure as the preferred approach.

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